West Bancorporation, Inc. (WTBA)

18.80 +0.50 (+2.73%) At close: 04:00PM EDT

West Bancorporation, Inc.

1601 22nd Street
West Des Moines, IA 50266
United States
515 222 2300
https://www.westbankstrong.com

Sector(s): Financial Services
Industry: Banks—Regional
Full Time Employees: 

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. David D. Nelson	CEO, Pres & Director	N/A	N/A	1961
Mr. Douglas Ray Gulling	Director	531k	N/A	1954
Mr. Brad Lee Winterbottom	Exec. VP	N/A	N/A	1957
Mr. Harlee N. Olafson	Exec. VP & Chief Risk Officer	N/A	N/A	1958
Mr. Bradley P. Peters	Exec. VP	530.2k	N/A	1964
Ms. Jane M. Funk	Exec. VP, Treasurer & CFO	N/A	N/A	1969
Mr. John F. McKinney III, J.D.	VP, Gen. Counsel, First VP of West Bank and Gen. Counsel of West Bank	N/A	N/A	N/A
Mr. Mike Zinser	Market Pres of Rochester - West Bank	N/A	N/A	N/A
Ms. Melissa L. Gillespie	VP, Assistant Gen. Counsel & Corp. Sec.	N/A	N/A	N/A
Mr. Han Wu	Sr. VP of West Bank	N/A	N/A	N/A

Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

West Bancorporation, Inc. operates as the financial holding company for West Bank that provides community banking and trust services to individuals and small- to medium-sized businesses in the United States. It accepts various deposit products, including checking, savings, and money market accounts, as well as time certificates of deposit. The company also provides loan products comprising commercial real estate loans, construction and land development loans, commercial lines of credit, and commercial term loans; consumer loans, including loans extended to individuals for household, family, and other personal expenditures not secured by real estate; and 1-4 family residential mortgages and home equity loans. In addition, it offers trust services, including the administration of estates, conservatorships, personal trusts, and agency accounts. Further, the company provides internet and mobile banking services; treasury management services comprising cash management, client-generated automated clearing house transaction, remote deposit, and fraud protection services; and merchant credit card processing services and corporate credit cards. It has seven offices in the Des Moines area; one office in Coralville and Iowa; and one office each in Rochester, Owatonna, Mankato, and St. Cloud, Minnesota. West Bancorporation, Inc. was founded in 1893 and is headquartered in West Des Moines, Iowa.

Corporate Governance

West Bancorporation, Inc.’s ISS Governance QualityScore as of February 1, 2023 is 2. The pillar scores are Audit: 5; Board: 3; Shareholder Rights: 3; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.